Stocks Going Ex Dividend the Third Week of July

Here is our latest update on the stock trading technique called ‘Buying Dividends,’ also commonly referred to as ‘Dividend Capture.’ This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only in bull markets, and can work in flat or choppy markets, but you need to avoid the technique during bear markets.

In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can’t sell the stock until after the ex date. The actual dividend may not be paid for another few weeks.

WallStreetNewsNetwork.com has compiled a downloadable and sortable list of the stocks going ex dividend in the near future. The list contains many dividend paying companies, lots with market caps over $500 million, and yields over 2%. Here are a few examples showing the stock symbol, the ex-dividend date, the quarterly dividend amount, and annual yield.

Clorox Company (CLX)	7/17/2017	0.84	2.42%
Oracle Corporation (ORCL)	7/17/2017	0.19	1.28%
WD-40 Company (WDFC)	7/19/2017	0.49	1.70%
Williams-Sonoma, Inc. (WSM)	7/19/2017	0.39	3.29%
C.R. Bard, Inc. (BCR)	7/20/2017	0.26	0.33%

The additional ex-dividend stocks can be found here at wstnn.com. (If you have been to the website before, and the latest link doesn’t show up, you may have to empty your cache.) If you like dividend stocks, you should check out some of the other high yield stock lists at WallStreetNewsNetwork.com or WStNN.com. Most of the lists are free.Dividend definitions:

Declaration date: the day that the company declares that there is going to be an upcoming dividend.

Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.

Monthly Dividend Stock List
Record date: the day when you must be on the company’s books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks at two business days before the record date.

Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.

Huge Dividend Increases are a Sign of an Economic Turnaround

What better indication of a company's health than an increase in dividend. And if lots of companies raise their dividend across various sectors, it is a positive sign for the economy. If you own a high yield stock for the long term for its income, and the stock increases its dividend, then you really don't have to care about the day to day or week to week fluctuations in the stock price.

So what companies are providing these pleasant surprises to their shareholders? Target (TGT) bumped up its dividend by 20%, an increase of 5 cents to 30 cents a share per quarter. Target sports a yield of 2.6% and trades at 10.4 times forward earnings.

Caterpillar (CAT) boosted its quarterly cash dividend by two cents to forty-six cents per share. The stock has a dividend payout rate of 1.9% and a forward price to earnings ratio of 10.7.

Chesapeake Energy Corp. (CHK) is increasing its quarterly dividend by 17% to 8.75 cents a share. The company trades at 8.9 times forward earnings and yields 1%.

Iron Mountain Inc. (IRM) announced announced a 33% increase in its quarterly cash dividend. Iron Mountain yields 2.4% and trades at 21.6 times forward earnings.

Stage Stores, Inc. (SSI) announced a 20% increase in the its quarterly dividend rate to 9 cents per share from the previous quarterly rate of 7.5 cents per share. The stock has a forward PE of 10.4 and a yield of 2.1%.

CR Bard Inc. (BCR) also recently announced a dividend increase. The stock yields 0.7% and has a forward PE of 15.4.

Even FedEx (FDX) boosted its dividend. The stock trades at 13.2 times forward earnings and yields 0.6%.

With all these dividend increases, an economic turnaround must be on the horizon. If you like high yield stocks, you should check out some of the downloadable high yield stock lists at WallStreetNewsNetwork.com.

Disclosure: Author owns FDX.

By Stockerblog.com